Jim Walton writes about how to develop a corporate Code of Contact, one that not only looks “fresh” and “engaging”, but which also doesn’t want you need it to do. “The purpose of a Code of Conduct is to affect behavior – to reinforce good behavior and discourage bad behavior. But how do we do that?” Walton asks.
He suggests three things as a good place to start:
- It should inspire your colleagues to want to do the right thing.
- It should guide your colleagues by explaining how your organization’s values act as touchstones for achieving your purpose in a principled, ethical manner. E
- It should enable your colleagues to identify ethics and compliance risks, understand the controls in place to manage those risks, and make them feel comfortable raising concerns and asking questions.